Skip to content

Aversion Quote by Seth Klarman

“While it might seem that anyone can be a value investor, the essential characteristics of this type of investor-patience, discipline, and risk aversion-may well be genetically determined.” quote by Seth Klarman
Download Open image
“While it might seem that anyone can be a value investor, the essential characteristics of this type of investor-patience, discipline, and risk aversion-may well be genetically determined.”

Seth Klarman

About This Quote

Source Book: Margin of Safety by Seth Klarman, 1991

Successful value investing relies on innate traits like patience, discipline, and low risk tolerance, suggesting a genetic component.

In simple terms: Value investing needs patience, discipline, and low risk appetite.

Key Takeaway

Cultivate these traits or recognize natural limits.

Themes

investing psychology genetics

Mood

analytical reflective

Type

advice insightful

When to use this quote

  • stock analysis
  • portfolio construction
  • career counseling
  • financial education

Key Concepts

behavioral finance risk tolerance genetic predisposition

Questions to Reflect On

  • Can you improve patience through practice?
  • How does discipline affect investment outcomes?
A Different Perspective

Traits can be developed through training, not only genetics.

4.2 out of 5 (4 ratings)

More by Seth Klarman

Explore all 193 Seth Klarman quotes

More Aversion quotes

Browse all 266 Aversion quotes